by Big Wave Trader | Jul 15, 2016
More new highs as this market keeps chugging along. Volume slipped on the session, but price keeps pushing higher. Banks were enjoying gains as positive comments out JPM sent futures higher this morning. Jobless claims were better than expected helping boost this...
by Big Wave Trader | Jul 14, 2016
Utilities were the biggest gainers on the day as the Fed Beige book helps large cap stocks close in the green. The Dow closed up 24 points just inching out gains. This market is in overbought territory, but we have seen this movie before. We could very well see this...
by Big Wave Trader | Jul 13, 2016
This will be short…more new all-time highs and his uptrend continues to push higher. Travel is going to cut this short. Enjoy
by Big Wave Trader | Jul 13, 2016
Major stock averages staged another solid little rally on the session with the Russell 2000 leading the way once again. Volume was higher across the board adding some muscle to the overall move. However, for the second day in a row stocks stalled out mid day to close...
by Big Wave Trader | Jul 11, 2016
Once again the S&P 500 is at all-time highs as money continues to flow to US stocks as stability is sought amid global uncertainty. The Nikkei kicked off the day with nearly 4% in gains. Small cap stocks led the market higher with gains greater than 1%. Volume...
by Big Wave Trader | Jul 10, 2016
Stocks staged a powerful rally with extremely solid breadth on Friday with volume slightly higher on the Nasdaq and basically flat on the NYSE. The move on Friday sent the SPX and DJIA to new 2016 highs and placed them within reach of new all-time highs. The Nasdaq...
